1-bed · 905 sqftThe Address The BLVD, Downtown Dubai · 26th floor · completed 2017

2616, The Address The BLVD

Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2616 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 2.7M24 April 2023
Current rentAED 230K /yr3 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2616, The Address The BLVD

What is 2616 worth today?

Last sold for AED 2,700,000 in 2023

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3 Dec 2024RentedRenewal
AED 230,000/yr12 months · AED 254 per sqft
17 Nov 2023RentedNew contract
AED 230,000/yr13 months · AED 254 per sqft
24 Apr 2023SoldReady
AED 2,700,000AED 2,984 per sqft
4 Jul 2013SoldOff-plan
AED 1,777,888AED 1,964 per sqft
22 Nov 2012Sold by developerOff-plan
AED 1,777,888AED 1,964 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2024.

Key facts

Type
1-bed hotel apartment
Size
905 sqft
Floor
26th of 70
Parking
B2-112
Developer
Emaar
Completed
2017
Last sold
AED 2.7M · April 2023

About 2616, The Address The BLVD

2616 is a one-bedroom hotel apartment of 905 sqft on the 26th floor of The Address The BLVD, a 70-storey tower in Downtown Dubai completed in 2017 by Emaar. It last sold on 24 April 2023 for AED 2,700,000, or AED 2,984 per sqft, in line with the AED 2,919 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 3 December 2024, is AED 230,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 2616 over time

Sales
Unit 2616, each saleTypical one-bed in The Address The BLVD
2M3M2012201620202024Typical sale price by year: 2012 AED 1,861,888; 2013 AED 2,172,017; 2014 AED 2,605,541; 2015 AED 2,341,705; 2016 AED 2,248,284; 2017 AED 2,500,000; 2018 AED 1,957,888; 2019 AED 1,705,000; 2020 AED 1,600,000; 2021 AED 2,100,000; 2022 AED 2,400,000; 2023 AED 2,830,000; 2024 AED 3,030,000; 2025 AED 3,000,000; 2026 AED 2,750,000Sold by developer, November 2012: AED 1,777,888 (AED 1,964 per sqft)Sold, July 2013: AED 1,777,888 (AED 1,964 per sqft)Sold, April 2023: AED 2,700,000 (AED 2,984 per sqft)

2616 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2616, each contractTypical one-bed in The Address The BLVD
100K200K2020202220242026Typical rent by year: 2020 AED 117,500; 2021 AED 135,000; 2022 AED 174,741; 2023 AED 200,000; 2024 AED 195,000; 2025 AED 190,000; 2026 AED 200,000New contract, November 2023: AED 230,000 a yearRenewal, December 2024: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Address The BLVD, and where 2616 sits

All 140 1-beds →

2616 last sold in April 2023 at AED 2,984 per sqft, in line with what one-beds in The Address The BLVD were fetching at the time (AED 2,919). Over the last 12 months one-beds sold for AED 2,500,000 to 3,600,000, around AED 3,147 per sqft, and rent for AED 115,000 to 235,212 a year. 2616's AED 230,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20263,600,000
5 Feb 20262,750,000
2 Feb 20262,500,000
5 Jan 202691,292
8 1-bed sales in the last 12 months

The Address The BLVD

Building

531 apartments, studios to 5-bed over 70 floors in Downtown Dubai, completed in 2017 by Emaar. 19 sold in the last 12 months.

Typical price per sqft
AED 4,070 Up 10.5%
Typical sale
AED 6.75M
Typical rent
AED 205K /yr
Typical yield
5.8%
The Address The BLVD, Downtown Dubai: prices, sales and rents →

Other units on the 26th floor

All 531 units in The Address The BLVD
Value
26012-bedAED 4.23M · Aug 2017
2602AED 3.4M · Aug 2025
26031-bedAED 3.5M · Nov 2024
26042-bedAED 7.6M · May 2015
26052-bedAED 5.95M · Mar 2014
26061-bedAED 3.67M · Jun 2015
26071-bedAED 3.3M · Mar 2024
1–7 of 15

2616, The Address The BLVD in numbers

  • Sold 3 times: first on 22 November 2012 for AED 1,777,888, last on 24 April 2023 for AED 2,700,000 (AED 2,984 per sqft).
  • Rented since November 2023 on 2 Ejari contracts, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2023 price is 8.5%.
  • One-beds in The Address The BLVD sold for AED 2,500,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 4,070 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2024.

Questions about 2616, The Address The BLVD

What did unit 2616 last sell for?

AED 2,700,000 on 24 April 2023: AED 2,984 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 1,777,888 in November 2012.

What is the rent for unit 2616?

AED 230,000 a year on the contract renewed on 3 December 2024. The previous contract, from November 2023, was AED 230,000.

How big is unit 2616?

905 sqft (84.1 sqm): a one-bedroom hotel apartment on the 26th floor of a 70-storey tower completed in 2017.

What is unit 2616 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Address The BLVD sold for AED 2,500,000 to 3,600,000 in the last 12 months, around AED 3,147 per sqft.

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Mortgage on 2616, The Address The BLVD

Starts from the last sale price (AED 2.7M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →